USDJPY Trading Analysis The USDJPY pair is trading at 147.34, showing signs of consolidation near a critical resistance level. The Relative Strength Index (RSI), a key momentum indicator, hovers around the mid-range, suggesting neither overbought...
In the H4 timeframe, the market for GBP/JPY has shown a failure to embark on a bullish trend, stopping short at the upper band of the Bollinger Bands and subsequently experiencing a downward bounce. This has contributed to an extended period of...
The USD/CHF currency pair continues to navigate within a sideways channel, reflecting a period of consolidation in the market. Recently, buyers attempted to break through the resistance level at 0.8817, but their efforts were unsuccessful. Instead...
NZD/USD NZD/USD Price Forecast: Keeps Position Above 0.5700 - Crossing 50-Day EMA Support Key Analytics: NZD/USD trades in the consolidation phase, with the pair trading in a rectangular pattern. If the 9-day EMA breaks above the 50-day EMA, it...
Forecast for AUD/USD on March 11, 2025 As of now, the Australian Dollar (AUD) has navigated through a consolidation range between 0.6273 and 0.6351. The significant support level of 0.6273 remains critical; if the AUD drops below this threshold, it...
